Circle Q3 Revenue Rises 17% to $865M on ARC Token Sale as Reserve Income Falls
- Circle's Q3 revenue increased 17% to $865 million, boosted by $182 million from the presale of its ARC token, while reserve income fell 8% to $658 million.
- Net income from continuing operations rose 5% to $226 million, and adjusted EBITDA surged 85% to $317 million, reflecting presale revenue and reduced distribution costs.
- Circle announced a 5% workforce reduction costing $9.1 million in restructuring charges, aiming to align its structure with strategic priorities, while maintaining its 2026 revenue forecast at $310 million to $330 million.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
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- Circle's Q3 revenue increased 17% to $865 million, boosted by $182 million from the presale of its ARC token, while reserve income fell 8% to $658 million.
- Net income from continuing operations rose 5% to $226 million, and adjusted EBITDA surged 85% to $317 million, reflecting presale revenue and reduced distribution costs.
- Circle announced a 5% workforce reduction costing $9.1 million in restructuring charges, aiming to align its structure with strategic priorities, while maintaining its 2026 revenue forecast at $310 million to $330 million.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
